News this week: Hong Kong-listed China.com has announced its financial results for the
year ended 31st December 2012. The company reported revenues
generated from its travel media business (TTG) were US$12 million, up 2.0% year-on-year.
China.com recorded
revenues of US$18 million, an increase of 12% over 2011’s results. The
remaining US$6 million in revenues were generated from its Internet business.
China.com attributed
TTG’s increase in revenues to the successful results of two trade shows: Incentive
Travel & Conventions, Meeting in China (IT&CM China) and Incentive
Travel & Conventions, Meeting in India (IT&CM India). China.com’s
revenue increases to due to organic growth in its Internet portal business.
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